NYSE:DEN

Denbury Stockholders Approve Merger with ExxonMobil

Retrieved on: 
Tuesday, October 31, 2023
Alternative Energy, Energy, Other Energy, Oil, Gas, XOM, ExxonMobil, Shareholder, Inc., NYSE, Bangladesh Securities and Exchange Commission, DEN, Holding company, Denbury

Denbury Inc. (NYSE: DEN) (“Denbury”) today announced that, at its Special Meeting of Stockholders held earlier today, Denbury stockholders voted to approve its merger with Exxon Mobil Corporation (“ExxonMobil”) (NYSE: XOM).

Key Points: 
  • Denbury Inc. (NYSE: DEN) (“Denbury”) today announced that, at its Special Meeting of Stockholders held earlier today, Denbury stockholders voted to approve its merger with Exxon Mobil Corporation (“ExxonMobil”) (NYSE: XOM).
  • As previously announced, under the terms of the merger agreement, ExxonMobil will acquire all of the outstanding shares of Denbury at an exchange ratio of 0.84 shares of ExxonMobil for each Denbury share.
  • According to preliminary results, Denbury stockholders approved the transaction with more than 75% of the total shares outstanding and 99% of the shares voted in support of the merger.
  • The closing of the transaction remains subject to customary closing conditions and is expected to occur on November 2, 2023.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AEL, DEN, FREQ

Retrieved on: 
Sunday, October 8, 2023
Sale, Therapy, NYSE, ExxonMobil, Fraud, Brookfield (corporation), Denbury, Advertising, Security (finance), Frequency

If you are an American Equity shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an American Equity shareholder, click here to learn more about your rights and options .
  • If you are a Denbury shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

DENBURY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Denbury Inc. - DEN

Retrieved on: 
Friday, October 6, 2023
Professional Services, Mining, Minerals, Oil, Gas, Legal, Natural Resources, Energy, Class Action Lawsuit, XOM, NYSE, DEN, ExxonMobil, KSF, Sale, Denbury

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Denbury Inc. (NYSE: DEN) to Exxon Mobil Corporation (NYSE: XOM).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Denbury Inc. (NYSE: DEN) to Exxon Mobil Corporation (NYSE: XOM).
  • Under the terms of the proposed transaction, shareholders of Denbury will receive 0.84 shares of ExxonMobil for each share of Denbury that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Denbury Announces Expiration of Hart-Scott-Rodino Act Waiting Period in Connection with Proposed Transaction

Retrieved on: 
Tuesday, September 12, 2023
Alternative Energy, Energy, Oil, Gas, ExxonMobil, Hart–Scott–Rodino Antitrust Improvements Act, HSR, Inc., DEN, NYSE, EDT, Pharmaceutical industry, Retail, Payment card, Denbury

Denbury Inc. (NYSE: DEN) (“Denbury”) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), with respect to the previously-announced agreement for ExxonMobil to acquire all outstanding shares of Denbury at an exchange ratio of 0.84 shares of ExxonMobil for each Denbury share.

Key Points: 
  • Denbury Inc. (NYSE: DEN) (“Denbury”) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), with respect to the previously-announced agreement for ExxonMobil to acquire all outstanding shares of Denbury at an exchange ratio of 0.84 shares of ExxonMobil for each Denbury share.
  • The expiration of the HSR Act waiting period occurred at 11:59 p.m. EDT on September 11, 2023, which was a condition to the closing of the pending transaction.
  • Completion of the transaction is subject to the satisfaction of the remaining customary closing conditions, including approval by Denbury stockholders.
  • The transaction is expected to close in the fourth quarter of 2023.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – SMMF, RPT, DEN, BG

Retrieved on: 
Monday, August 28, 2023
Bunge Limited, Kimco Realty, ExxonMobil, Empire, Sale, Monteverde, Denbury, DEN, RPT Realty, NYSE, RPT, Security (finance)

Under the terms of the agreement, SMMF shareholders are expected to own 50% of the combined company.

Key Points: 
  • Under the terms of the agreement, SMMF shareholders are expected to own 50% of the combined company.
  • RPT Realty (NYSE: RPT ), relating to its proposed merger with Kimco Realty.
  • Under the terms of the agreement, RPT shareholders are expected to receive 0.6049 shares of Kimco per share they own.
  • Bunge Limited, Inc. (NYSE: BG ), relating to its proposed merger with Viterra Limited.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – NLTX, DEN, BG, SCU

Retrieved on: 
Monday, August 21, 2023
Bunge Limited, ExxonMobil, Empire, Sale, Monteverde, SCU, Denbury, DEN, NYSE, Security (finance)

Under the terms of the agreement, NLTX shareholders are expected to own approximately 16% of the combined company.

Key Points: 
  • Under the terms of the agreement, NLTX shareholders are expected to own approximately 16% of the combined company.
  • It is free and there is no cost or obligation to you.
  • Under the terms of the agreement, DEN shareholders are expected to receive $89.45 in cash per share they own.
  • Under the terms of the agreement, Class A SCU shareholders are expected to receive $11.15 in cash per share they own.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – SCU, DEN, NLTX, BG

Retrieved on: 
Monday, August 14, 2023
Bunge Limited, ExxonMobil, Empire, Sale, Monteverde, SCU, Denbury, DEN, NYSE, Security (finance)

Under the terms of the agreement, Class A SCU shareholders are expected to receive $11.15 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, Class A SCU shareholders are expected to receive $11.15 in cash per share they own.
  • It is free and there is no cost or obligation to you.
  • Under the terms of the agreement, DEN shareholders are expected to receive $89.45 in cash per share they own.
  • Bunge Limited, Inc. (NYSE: BG ), relating to its proposed merger with Viterra Limited.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – EMAN, FREQ, DEN, BG

Retrieved on: 
Monday, August 7, 2023
Bunge Limited, ExxonMobil, Empire, Sale, Monteverde, Denbury, Therapy, DEN, NYSE, Security (finance)

Under the terms of the agreement, EMAN shareholders are expected to receive $2.08 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, EMAN shareholders are expected to receive $2.08 in cash per share they own.
  • It is free and there is no cost or obligation to you.
  • Frequency Therapeutics, Inc. (Nasdaq: FREQ ), relating to its proposed merger with Korro Bio, Inc.
  • Bunge Limited, Inc. (NYSE: BG ), relating to its proposed merger with Viterra Limited.

Denbury Reports Second Quarter 2023 Financial and Operational Results

Retrieved on: 
Thursday, August 3, 2023
Alternative Energy, Energy, Other Energy, Oil, Gas, LOE, Bell Creek, CCA, Tinsley, Public expenditure, WTI, Depreciation, BOE, Beaver Creek, Hand, CO2, EOR, Gulf Coast of the United States, Rocky Mountains

Second quarter 2023 commodity hedging receipts totaled $5 million, or $1.24 per Bbl.

Key Points: 
  • Second quarter 2023 commodity hedging receipts totaled $5 million, or $1.24 per Bbl.
  • Lease operating expenses (“LOE”) in second quarter 2023 totaled $130 million, or $30.48 per barrel of oil equivalent (“BOE”).
  • Denbury ended the second quarter with $85 million borrowed on the Company’s bank credit facility, up $56 million from the end of 2022.
  • Average production from the West Yellow Creek field was 443 Bbl/d for Denbury in the second quarter of 2023.

SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – FREQ, BG, EMAN, DEN

Retrieved on: 
Monday, July 31, 2023
Bunge Limited, ExxonMobil, Empire, Sale, Monteverde, Denbury, Therapy, DEN, NYSE, Security (finance)

Under the terms of the agreement, FREQ shareholders are expected to own approximately 8% of the combined company.

Key Points: 
  • Under the terms of the agreement, FREQ shareholders are expected to own approximately 8% of the combined company.
  • It is free and there is no cost or obligation to you.
  • Bunge Limited, Inc. (NYSE: BG ), relating to its proposed merger with Viterra Limited.
  • Under the terms of the agreement, DEN shareholders are expected to receive $89.45 in cash per share they own.